Legislative Update: President Bush Signs ARC FY 2007 Funding Legislation; House Committee Approves Five-Year ARC Reauthorization LegislationFebruary 2007 |
On February 7 the House Committee on Transportation and Infrastructure approved by voice vote a five-year ARC reauthorization bill (H.R. 799). The bill provides authorization levels for ARC's regular programs at $65 million for FY 2007; $80 million for FY 2008; $85 million for FY 2009; $90 million for FY 2010; and $95 million for FY 2011. It also authorizes an additional $12 million per year for a new ARC program on "economic and energy development" that authorizes activities in key areas identified in ARC's energy blueprint. The legislation will now go to the full House for consideration.